PLANTATION, Fla., April 4, 2011 (GLOBE NEWSWIRE) -- TradeStation announced today a joint sponsorship with the Market Technicians Association (MTA) Educational Foundation. Through this joint sponsorship, students and professors at colleges and universities will be given free use of the award-winning TradeStation platform for the academic school year. TradeStation's co-sponsorship, through its technology affiliate, TradeStation Technologies, is part of the TradeStation Educational Alliances Program through which free TradeStation platforms are provided to college and graduate business programs throughout the United States. TradeStation Securities, the company's brokerage affiliate, was rated the #1 online brokerage firm in the United States by Barron's magazine in its March 2011 survey, as well as best for frequent traders, best trading technology and best customer service and education.
"The TradeStation Educational Alliances Program has been offering students of universities and educational institutions access to the latest state-of-the-art technology available for today's active traders," said John Roberts, Chief Operating Officer of TradeStation Group, the parent company of TradeStation Securities and TradeStation Technologies. "We're proud to be able to partner with the Market Technicians Association to expand this offering by adding to MTA's numerous educational resources."
"TradeStation is a great product for students who may become investors and traders to learn about various approaches to navigate today's marketplace, including the creation and development of trading ideas and strategies and how to test, optimize and automate those ideas and strategies in a simulated real-time trading environment," said Bruce Kamich, President of MTAEF. "The MTA Educational Foundation is pleased to partner with TradeStation to help educate students in the art and science of technical analysis."
The Foundation's commitment to introduce technical analysis in colleges and universities includes a discounted membership in the MTA (free for students taking a full accredited course in technical analysis), guest speakers for professors' classes and training for college/university professors' course materials.
About TradeStation Group, Inc.
TradeStation Group, Inc. (Nasdaq:TRAD), through its brokerage subsidiaries, offers the TradeStation platform to the active trader and certain institutional trader markets. TradeStation is an electronic trading platform that offers state-of-the-art electronic order execution and enables clients to design, test, optimize, monitor and automate their own custom Equities, Options, Futures and Forex trading strategies.
TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, DTCC, OCC & NFA) is a licensed securities broker-dealer and a registered futures commission merchant, and also a member of various exchanges. Its TradeStation Prime Services division, based in New York, seeks to provide prime brokerage services, including securities lending, to small and mid-sized hedge funds and other firms. TradeStation Forex, Inc. (Member NFA) is a Retail Foreign Exchange Dealer (RFED) that is expected to launch and offer exclusively the company's new forex brokerage offering beginning later this year. The company's technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services. Its London-based subsidiary, TradeStation Europe Limited, an FSA-authorized brokerage firm, introduces UK and other European accounts to TradeStation Securities and, once operational, TradeStation Forex.
About The Market Technicians Association
The Market Technicians Association (MTA) is the premier global organization for the study of technical analysis. Its membership includes portfolio managers, traders, investment advisors, market letter writers, and many others involved in the technical aspects of equities, futures, options, fixed income securities, currencies, international markets, derivatives, etc. The Market Technicians Association's objective is to educate the investment community and MTA members in technical analysis. More than 3,800 analysts and related market professionals in over 73 countries are members of the MTA.
About The Market Technicians Association Educational Foundation
The MTA Educational Foundation (the Foundation) was established in 1993 with a primary mission to "...identify and fund educational programs in the field of technical analysis at accredited colleges and universities..." This mission has since expanded to include the creation and support of a complete technical analysis curriculum which is now being taught in classrooms at numerous colleges and universities across the country.
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